IDBI Bank Software Engineer Salaries by 10 Employees

2 - 3 years exp.

₹5.1 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Software Engineer Salary in Banking Companies for 2 - 3 years of experience

Interested in this particular role?

Last Updated: 28 Jan 2023

Companies similar to IDBI Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bank of America Software Engineer Salary 1 - 12 years exp. (1.1k salaries)	₹6.6 L/yr - ₹27.5 L/yr 71% more
NatWest Group Software Engineer Salary 0 - 12 years exp. (1k salaries)	₹8 L/yr - ₹28 L/yr 95% more
Login to view exact salary
Barclays Software Engineer Salary 0 - 7 years exp. (251 salaries)	₹8.1 L/yr - ₹24.5 L/yr 83% more
Standard Chartered Software Engineer Salary 0 - 7 years exp. (141 salaries)	₹6.1 L/yr - ₹25 L/yr 48% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (132 salaries)	₹9 L/yr - ₹32 L/yr 97% more
NatWest Markets Software Engineer Salary 0 - 10 years exp. (52 salaries)	₹8 L/yr - ₹24 L/yr 64% more
IDFC FIRST Bank Software Engineer Salary 0 - 5 years exp. (45 salaries)	₹4 L/yr - ₹16.2 L/yr 4% more
AU Small Finance Bank Software Engineer Salary 0 - 5 years exp. (35 salaries)	₹3.8 L/yr - ₹15.8 L/yr At par
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 46% less
HSBC Global Banking and Markets Software Engineer Salary 1 - 5 years exp. (20 salaries)	₹5 L/yr - ₹10.4 L/yr 28% less
IndusInd Bank Software Engineer Salary 1 - 6 years exp. (15 salaries)	₹3.5 L/yr - ₹9.8 L/yr 14% less
Login to view exact salary
Canara Bank Software Engineer Salary 2 - 4 years exp. (8 salaries)	₹3.4 L/yr - ₹4.8 L/yr 59% less
Equitas Small Finance Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.9 L/yr - ₹5.1 L/yr 63% less
Federal Bank Software Engineer Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹9 L/yr 56% less
Bank of Maharashtra Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹18.6 L/yr 1% less
Bank of India Software Engineer Salary 0 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹9.7 L/yr 40% less
Ujjivan Small Finance Bank Software Engineer Salary 3 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹12 L/yr 3% more
Jana Small Finance Bank Software Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 44% less
Indian Overseas Bank Software Engineer Salary 2 - 7 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 32% less
Union Bank of India Software Engineer Salary 0 - 3 years exp. (3 salaries)	₹10 L/yr - ₹17 L/yr 37% more

View all

Software Engineer salary at IDBI Bank ranges between ₹5.1 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 10 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Software Engineer salaries

Last Updated: 28 Jan 2023

Experience	Avg Annual Salary
2 years (6 salaries)	₹5.1 L/yr - ₹16 L/yr
Login to view exact salary
3 years (4 salaries)	₹7 L/yr - ₹11 L/yr

Similar Designation salaries in IDBI Bank

System Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Software Engineer Salary

(18 salaries)

₹7 L/yr - ₹21.6 L/yr

Software Developer Salary

(6 salaries)

₹3.25 L/yr - ₹10.5 L/yr

Associate Software Engineer Salary

(13 salaries)

₹7 L/yr - ₹18 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Team Lead Salary

(4 salaries)

₹1.25 L/yr - ₹3.18 L/yr

Senior Associate Salary

(3 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

Salary - Poor

+5 more

Assistant Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2024

4.0

for Salary and Benefits

Likes

They offer good salary .

Salary - Good

+1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IDBI Bank

View All

invaluablecider

works at

IDBI Bank

Facing trouble in releaving my current job

Hey everyone, I've recently resigned from my current job and serving notice period which is due in less than a week. But my manager is not agreeing to this and forcing me to stay till the time I complete my pendencies and creating more of them unnecessary so that I can't be relieved. I've completed them from my side, but pending from customer ends as they are not coming to sign the certain documents. If we go according to this than I can't be relieved for coming 5-6 months due to these customers as many of them are in different states. I've joining in my new company in next 10 days. What should I do???? And can I really be held back due to this reason(customers sign)????

Got a question about IDBI Bank?

Ask anonymously on communities.

IDBI Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IDBI Bank ?

The average salary of a Software Engineer at IDBI Bank in India typically ranges from ₹5.1 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Software Engineer at IDBI Bank earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Software Engineer Salaries at IDBI Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 IDBI Bank employees in India.

What is the estimated take home salary of a Software Engineer at IDBI Bank in India?

The estimated take-home salary of a Software Engineer at IDBI Bank in India typically ranges from ₹68,825 to ₹70,591 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 2 years to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IDBI Bank for Software Engineer in India?

Deutsche Bank	₹9.0 Lakhs to ₹32.0 Lakhs per year
NatWest Group	₹8.0 Lakhs to ₹28.0 Lakhs per year
Barclays	₹8.1 Lakhs to ₹24.5 Lakhs per year
Bank of America	₹6.6 Lakhs to ₹27.5 Lakhs per year
NatWest Markets	₹8.0 Lakhs to ₹24.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDBI Bank, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to IDBI Bank in India?

The salary of a Software Engineer at companies similar to IDBI Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹6.1 Lakhs to ₹25.0 Lakhs per year
Union Bank of India	₹10.0 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank	₹4.0 Lakhs to ₹16.2 Lakhs per year
Ujjivan Small Finance Bank	₹5.5 Lakhs to ₹12.0 Lakhs per year
AU Small Finance Bank	₹3.8 Lakhs to ₹15.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Engineer at IDBI Bank in India?

The salary growth for a Software Engineer at IDBI Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at IDBI Bank:

Experience	Average Salary Range
2 years	₹5.1 Lakhs to ₹16.0 Lakhs per year
3 years	₹7.0 Lakhs to ₹11.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
IDBI Bank Salaries >
IDBI Bank Software Engineer Salaries

IDBI Bank Software Engineer salary in India ranges between ₹5.1 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IDBI Bank latest salaries received from various employees of IDBI Bank.